JPMorgan Chase Bank · Illinois · 2025

JPMorgan Chase Bank in Illinois: approval rate, denial rate and rates (2025)

JPMorgan Chase Bank took 13,574 mortgage applications in Illinois in 2025, ranking #4 of 1,150 lenders active in the state. It originated 64.7% of them and denied 9.7% (12.7% of the applications it decided), against a statewide denial rate of 17.1%.

14kApplicationsin IL
12.7%Decision denial ratestate 21.7%
6.49%Median ratestate 6.75%
$275,000Median loanstate $185,000
$3.9BVolume84 counties

JPMorgan Chase Bank in Illinois vs the state

9.7%Denial rate-7.47 pts vs state
12.7%Decision denial rate-8.97 pts vs state
64.7%Origination rate+5.93 pts vs state
6.49%Median rate-0.26 pts vs state
0.06Rate spread (pts)-0.33 pts vs state
$123kMedian applicant income
8,778Loans originated
1,310Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
20238,3415,5979.1%6.63%#7
202411,4557,4939.7%6.50%#4
202513,5748,7789.7%6.49%#4

What JPMorgan Chase Bank lends in Illinois

By loan purpose

Home purchase 7,515 55% · 8.5% denied
Refinance 2,596 19% · 6.1% denied
Cash-out refinance 1,950 14% · 15.0% denied
Home improvement 605 4% · 13.4% denied
Other / HELOC 908 7% · 15.5% denied

By loan type

Conventional 12,952 95% · 8.7% denied
FHA 508 4% · 31.7% denied
VA 114 1% · 15.8% denied

Why it denied Illinois applicants

Collateral 403 31%
Debt-to-income ratio 402 31%
Other 199 15%
Credit history 145 11%
Unverifiable information 71 5%
Insufficient cash 45 3%
Employment history 42 3%
Mortgage insurance denied 3 0%

Where in Illinois

Counties with the most JPMorgan Chase Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cook County 7,8815,040749 9.5%
DuPage County 1,432955126 8.8%
Lake County 98162993 9.5%
Will County 97564592 9.4%
Kane County 64144749 7.6%
McHenry County 37324741 11.0%
Winnebago County 19312519 9.8%
Kendall County 15110114 9.3%
Champaign County 102685 4.9%
Peoria County 79576 7.6%

Other large lenders in Illinois

LenderGradeApplicationsDenial rateMedian rate
Guaranteed RateB 17,4794.9%6.63%
Rocket MortgageC 16,97119.7%6.75%
United Shore Financial ServicesB 15,64413.0%6.50%
U.S. BankD 10,07638.3%7.00%
Crosscountry MortgageB 8,7794.5%6.75%
Fifth Third BankD 8,62832.1%7.50%
The Huntington National BankD 8,22631.9%6.99%
BMO BankF 8,00732.7%8.33%
Loandepot.ComD 7,01917.7%6.88%
Broker SolutionsD 6,8868.3%6.88%

Frequently asked questions

Illinois: 13,574 applications in 2025, of which 8,778 were originated and 1,310 denied.

9.7% of all applications, or 12.7% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans JPMorgan Chase Bank originated in Illinois in 2025 was 6.49%, against a statewide median of 6.75%.

About this data. Figures are JPMorgan Chase Bank's own HMDA filing for properties located in Illinois, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology